I have a very first world problem, and Credit Card Active is the solution. As a perennial credit card rewards and bonus chaser, I own a stack of cards over an inch thick. Of course I’m only using a select set of those at any one time based on whatever the rewards and bonuses are for my credit cards in that moment. Thus, a large number of my credit cards end up in drawer for months and years at a time. They are not actively used. This creates a problem.
I regularly get semi-threatening letters from credit card providers informing me that if I want to keep my account open, then the credit card must be used periodically. It must be active to stay open. Then, I have to use the card within 30 days of the date of the letter or risk them closing the account. Credit Card Active is the solve for that problem.
We’ve noticed that you haven’t used your XXXXXXX Credit Card account in quite some time. If you’d like to keep your account open, it needs to remain in good standing and must be used periodically. Please use your card within 30 days of the date of this letter to keep your account open.
If your account is closed due to inactivity, if applicable, you will not be able to accumulate additional rewards on your credit card account and you may lose accumulated rewards on your credit card account. If you have questions about minimum redemption requirements and your redemption options, please call the number on the back of your credit card within 30 days of the date of this letter.
– every credit card issuer out there
Credit Card Active is the one stop solution for anyone who wants to keep their unused credit cards open.
Yes, I built an entire website dedicated to this one thing. It works like this. I sell “memberships” for each of the credit cards you would like to keep open. The “membership” purchase results in a nominal charge to your credit card either monthly, quarterly or annually. You can choose whatever interval best suits your needs.
Yes, I realize the likely audience interested in this is probably FIRE or Fat FIRE credit card rewards and bonus chasers who care deeply about their credit scores and don’t mind paying the equivalent of about a penny per day to avoid those letters and keep their credit cards open in perpetuity.
Now, you may be asking yourself, does it really matter if an unused credit card gets cancelled? The answer is YES it matters. And, I’ll be addressing that in a future post….or you can cheat and find those answers at Credit Card Active right now!